Kern County Musical Association
- Assets
- $50.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- 01/1942
- Data as of
- 06/2024
- EIN
- 95-6107002
Organization Overview
Kern County Musical Association is located in Bakersfield, CA. The organization was established in 1942. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kern County Musical Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Kern County Musical Association generated $64.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $74.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PAYMENTS TO COMMUNITY CONCERTS BOOKING SERVICE AND RELATED EXPENSES TO PRESENT MUSICAL ARTISTS PERFORMANCES AT A LOCAL VENUE FOR THE COMMUNITY PRICED AT "COST". ALSO, FROM TIME TO TIME, STUDENT OUTREACH CONCERTS ARE PRESENTED AT LOCAL SCHOOLS AND LOCAL MUSIC/ART STUDENTS PERFORM BEFORE EACH MAIN SEASON CONCERT IN THE LOBBY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Mcguire President | 0.5 | $0 | |
Teresa Rizo Vice President | 0.5 | $0 | |
Debi Besenfelder Member At Large | 0.5 | $0 | |
Jennifer Jaegle Treasurer | 0.5 | $0 | |
Regina Pryor Membership Chai | 0.5 | $0 | |
Yinchi Chang Publicity | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,525 |
| Total Program Service Revenue | $0 |
| Membership dues | $46,240 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,766 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,095 |
| Occupancy, rent, utilities, and maintenance | $7,442 |
| Printing, publications, postage, and shipping | $5,534 |
| Other expenses | $60,123 |
| Total expenses | $74,194 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,734 |
| Other assets | $0 |
| Total assets | $50,734 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,734 |